Question

In: Accounting

calculate percent of total assets. Please show excel calculations. Common Size Balance Sheets 12 Months Ended...

calculate percent of total assets. Please show excel calculations.

Common Size Balance Sheets 12 Months Ended
Consolidated Balance Sheets - USD ($) $ in Thousands Dec. 31, 2018 % of Total assets Dec. 31, 2017 % of Total assets
Current assets
Cash and cash equivalents $                   26,642 $                235,336
Receivables (net of allowance for doubtful accounts of $15,905 and $12,221, respectively) $                138,018 $                125,870
Income taxes receivable $                   10,122 $                                -  
Notes receivable, net of allowances $                   36,759 $                   13,256
Other current assets $                   32,243 $                   25,967
Total current assets $                243,784 $                400,429
Property and equipment, at cost, net $                127,535 $                   83,374
Goodwill $                168,996 $                   80,757
Intangible assets, net $                271,188 $                100,492
Notes receivable, net of allowances $                   83,440 $                   80,136
Investments, employee benefit plans, at fair value $                   19,398 $                   20,838
Investments in unconsolidated entities $                109,016 $                134,226
Deferred income taxes $                   30,613 $                   27,224
Other assets $                   84,400 $                   67,715
Total assets $           1,138,370 $                995,191

Solutions

Expert Solution

Formula you should be using is .. amount for the balance sheet line item/Total asset for that year..

I have given the final answer as well as picture.. If you refer the picture and put your question in same raw and column as i have and apply the formula highlighted in yellow.. you will get the solution..

let me know if you need any clarification.. do provide positive rating..

Common Size Balance Sheets 12 Months Ended
Consolidated Balance Sheets - USD ($) $ in Thousands Dec. 31, 2018 % of Total assets Dec. 31, 2017 % of Total assets
Current assets
Cash and cash equivalents 26,642 2.34% 235,336 23.65%
Receivables (net of allowance for doubtful accounts of $15,905 and $12,221, respectively) 138,018 12.12% 125,870 12.65%
Income taxes receivable 10,122 0.89% 0 0.00%
Notes receivable, net of allowances 36,759 3.23% 13,256 1.33%
Other current assets 32,243 2.83% 25,967 2.61%
Total current assets 243,784 21.42% 400,429 40.24%
Property and equipment, at cost, net 127,535 11.20% 83,374 8.38%
Goodwill 168,996 14.85% 80,757 8.11%
Intangible assets, net 271,188 23.82% 100,492 10.10%
Notes receivable, net of allowances 83,440 7.33% 80,136 8.05%
Investments, employee benefit plans, at fair value 19,398 1.70% 20,838 2.09%
Investments in unconsolidated entities 109,016 9.58% 134,226 13.49%
Deferred income taxes 30,613 2.69% 27,224 2.74%
Other assets 84,400 7.41% 67,715 6.80%
Total assets 1,138,370 100.00% 995,191

100.00%


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